USD/CHF – 30M – BUY

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.769825 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.77176 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Outside Up’ candle chart pattern is found. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.77176 – 0.77248 – 0.77181 – 0.76693 – 0.76699 – 0.76755 —
0.76877 – 0.76825 —
53.450795851735 – 46.014241261608 —
– —
0.77176 – 1770975000

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – – – – – – – – –